#Sustainability

2021-02-18

Eastman ranked 27th on Barron’s list of 100 Most Sustainable Companies

Eastman (NYSE:EMN) ranks No. 27 on Barron's 2021 list of the Most Sustainable Companies in the United States. To arrive at its list of the 100 Most Sustainable Companies, Barron's analyzed performance by the 1,000 largest U.S. publicly traded companies on a wide range of indicators related to sustainability and environment, social and corporate governance (ESG).

"Eastman is a specialty materials company, but we don't exist to just make materials," said Mark Costa, Eastman Board Chair and CEO. "Eastman exists to live out our company purpose, which is to enhance the quality of life in a material way. We are focused on innovating material solutions that care for society, improving our environment, and making materials circularity a reality by specifically addressing the plastic waste problem. And Eastman is committed to engaging on social issues to build a better society for all."

Barron's collaborated on the list with Calvert Research and Management, which analyzed data in five categories: shareholders, employees, customers, community and planet. An investment firm that specializes in sustainability and ESG investing, Calvert's data analysis included company scores on distinct topics within those five categories. Those topics included such areas as policies on greenhouse gas emissions, energy use and efficiency, workplace diversity, business ethics, product quality and product safety, lifecycle of products, workplace safety, and others.

In December, Eastman announced aggressive sustainability goals to address three critical impact areas: climate change, materials circularity and caring for society. Eastman plans to achieve carbon neutrality by 2050 to mitigate climate change and plans to reach approximately one-third of this goal by 2030. The company also plans to recycle more than 500 million pounds of plastic waste by 2030 through its molecular recycling technologies. To care for society, Eastman has committed to achieve gender parity in alignment with its commitment to Paradigm for Parity® and will be a leader for racial equity within its industry sector. Eastman's sustainability commitments and innovation strategy are illustrated in its 2020 sustainability report, A Better Circle.?

This is the second time in five months that a major financial publication has ranked Eastman high on a sustainability list. In October, The Wall Street Journal ranked Eastman on its 2020 list of Most Sustainably Managed Companies.

The Barron's list of Most Sustainable Companies is available through subscription at http://barrons.com.

Texprocess 2026: Automation, digitalisation and AI redefine textile processing

Making investment decisions in textile processing has become significantly more demanding. Increasing energy costs, a shortage of skilled labour and ongoing geopolitical uncertainties are compelling companies to focus on technologies that deliver clear gains in efficiency and process reliability. This applies equally to apparel manufacturing and to the processing of technical textiles and high-performance materials. As a result, modernisation initiatives are assessed more carefully – even as the need to upgrade production systems continues to intensify.

Techtextil 2026: Between innovation pressure & market reality

From 21 to 24 April 2026, Techtextil in Frankfurt am Main will once again become the central meeting point for the international technical textiles and nonwovens industry. Running in parallel, Texprocess will focus on the industrial implementation of textile processing technologies as the leading platform in this field. Together, the two trade fairs form a closely integrated presentation and working platform along the entire textile value chain – from material development to finished applications.

Between geopolitical pressure and industrial resilience

In this interview, Dr. Janpeter Horn (VDMA) discusses the current challenges facing textile machinery manufacturers, shaped by geopolitical tensions, regulatory developments and subdued investment. He also outlines why innovation strength, integrated solutions and strategic positioning remain key to global competitiveness.

A new standard to combat plastic waste in forests

With DIN SPEC 35808 “Tree Shelter for Forestry Applications,” the testing and research service provider Hohenstein, in collaboration with Rottenburg University of Forestry, as well as forestry authorities and industry partners, has established a clear framework for bio-based and fully biodegradable tree shelters. The pre-standard defines requirements and practical testing methods designed to reduce plastic waste in forests and strengthen the long-term protection of soil and the environment.

Denim moves towards sustainability

EIM (Environmental Impact Measurement), the global reference platform for measuring the environmental impact of garment finishing, presents the second edition of its annual report Denim Industry Progress & Insights 2025. The study analyses over 100,000 real denim finishing processes, providing an accurate and up-to-date view of the industry’s evolution towards more sustainable models.

Europe’s textile future at a turning point: New 2030 Circularity Blueprint aims to scale recycling and unlock investment opportunities

The EU textile system is at a critical crossroads. Today, less than 1% of discarded garments are recycled into new garments, despite EU-wide obligations for separate collection. In response, Global Fashion Agenda (GFA) is launching the 2030 Circularity Blueprint, in partnership with ReHubs. This ambitious initiative is designed to support the transformation of the EU textile ecosystem to advance textile-to-textile recycling and drive the transition to a circular economy.

FET’s revolutionary gel spinning system wins Techtextil Innovation Award

FET has received the prestigious Techtextil Innovation Award 2026 in the New Production Technology category. The Techtextil Innovation Award honours outstanding ideas in textile technology, sustainability, AI and the creation of technical textiles, selected by an international jury of experts. Ranging from new materials to new production technologies, this award recognises progressive ideas that are driving forces for numerous industries, such as automotive, medical and construction.

Savio Macchine Tessili will exhibit at ITM Istanbul 2026 presenting its flagship technologies

Savio Macchine Tessili will participate in ITM Istanbul 2026 in a corporate booth of Vandewiele Group, showcasing a selection of its most advanced winding and spinning solutions designed to support textile mills in achieving higher efficiency, flexibility and yarn quality. The company will bring to the show three flagship solutions: Proxima Smartconer®, Lybra Smartspinner® and the Phoenix Assembly Winder.

Rieter at ITM 2026: Spinning Redefined with Automation and Intelligence

Spinning mills need solutions that deliver stability, efficiency and future-proof performance. Rieter has put together a powerful portfolio for ITM 2026 in Istanbul, Türkiye. These innovations give customers the tools to enhance cost efficiency, improve responsiveness and actively develop their competitive edge. Step-by-step, Rieter is moving closer to its Vision 2027 – the fully automated spinning mill. With each new technology, Rieter enables spinning mills worldwide to operate with greater precision and reliability, ensuring they remain at the forefront of an increasingly demanding global market.